JPMorgan
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:
Before Market Opens:
Economics:
8:30am ET
Initial Jobless Claims for the week of 7/11 - Street expects 552K9am ET
Net Long-Term TIC Flows for May - Street expects $7.5BEarnings:
Biogen (Nasdaq: BIIB) - consensus EPS $0.97
Genuine Parts (NYSE: GPC) ...
General Growth Properties (NYSE: GGP) INDICATED SHARPLY LOWER; files for Chapter 11 bankruptcy protection. The Company intends to work with its constituencies to emerge from bankruptcy as quickly as possible while executing on a plan of reorganization that preserves the Company’s integrated, national business operations. All day-to-day operations and business of all of the Company’s shopping centers and other properties will continue as usual. The stock has not yet opened. Click here for the full report.
Noble International, Ltd. (Nasdaq: NOBL) 29.9% LOWER; announced that the company and certain of its US subsidiaries have filed voluntary petitions in the United States Bankruptcy Court for the Eastern District of Michigan seeking relief under the provisions of Chapter 11 of the United States Code. Noble's European, Asian and Mexican affiliates are not debtors in the bankruptcy.
China Sky One Medical, Inc. (Nasdaq: CSKI) 24.5% HIGHER; reports Q4 EPS of $0.45 ...
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:
Before Market Opens:
Economics:
8:30am ET
Building Permits/Housing Starts for March
Initial Jobless Claims for the week of 4/11 - Street expects 658KEarnings:
Baxter Int'l (NYSE: BAX) - consensus EPS $0.81
Fairchild Semi (NYSE: FCS) - consensus loss $0.34
Gannett (NYSE: GCI) - ...
UPGRADES:
Friedman Billings upgrades Sprint Nextel Corp. (NYSE: S) from Market Perform to Outperform with a $4 price target.
Citi upgrades Smith & Nephew (NYSE: SNN) from Hold to Buy, saying core business areas have remained relatively immune to economic pressure. Click here ...
